English, asked by harishsrvi2006, 1 month ago

It is also known as prescriptive economi​

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Answered by PreciousDiamond
10

Normative economics statements are rigid and prescriptive in nature. They often sound political or authoritarian, which is why this economic branch is also called "what should be" or "what ought to be" economics.

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Answered by palakkumawat543
1

Answer:

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Explanation:

Normative economics statements are rigid and prescriptive in nature. They often sound political or authoritarian, which is why this economic branch is also called "what should be" or "what ought to be" economics.

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